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Mountain Lakes house sells for $1.3M

A Mountain Lakes house dating to 1913 has sold for $1,250,000. Shaffin and Gina Lalani acquired the property at 074 Ball Road from Gretchen A and Ronald W Fry in May 2019. The purchase price represents a price per square foot of $298, which is...

Mountain Lakes house sells for $1.3M

This Google Street View image shows the approximate location of 074 Ball Road in Mountain Lakes. The property at this address changed hands in May 2019, when Shaffin and Gina Lalani bought the property from Gretchen A and Ronald W Fry for $1,250,000.(Photo: Google Street View)

A Mountain Lakes house dating to 1913 has sold for $1,250,000. Shaffin and Gina Lalani acquired the property at 074 Ball Road from Gretchen A and Ronald W Fry in May 2019. The purchase price represents a price per square foot of $298, which is near the Mountain Lakes median of $293. Price per square foot is a useful way to compare the value of homes of different sizes, but it does not account for the many other factors that affect home prices.

Some other houses have recently changed hands nearby:

A 2,016-square-foot home at 008 Crescent Drive sold in February for $530,000, a price per square foot of $263.

A 2,167-square-foot home at 006 Center Drive sold in March for $525,000, a price per square foot of $242.

A 3,273-square-foot home at 011 Larchdell Way sold in February for $990,000, a price per square foot of $302.

So far this year, 11 houses have sold in Mountain Lakes, where the median sales price is $710,000.

See what homes have sold in your area by searching our historical database of New Jersey property sales, and find other useful public information in DataUniverse.

This story was automatically generated using real estate transaction data from the state of New Jersey. If you have a question or find a mistake, please email us at accuracy-pmor@dailyrecord.com.

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